Ppm America, Inc.
- Regulatory AUM
- $93.8B
- Discretionary
- $92.9B
- Clients
- 46
- Avg AUM / client
- $2.0B
- Accounts
- 67
- Employees
- 217
AUM over time
Annual snapshots from Form ADV filings · as of May 29, 2026
Asset allocation (SMA assets by investment type)
as of May 29, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 1 | $1.5M | 0.0% |
| Investment companies | 1 | $3.4B | 3.66% |
| Pooled investment vehicles (non-investment companies) | 26 | $11.7B | 12.5% |
| Pension and profit sharing plans | 1 | $52.5M | 0.06% |
| Other investment advisers | 1 | $4.4B | 4.71% |
| Insurance companies | 15 | $74.1B | 79.0% |
| Corporations and other businesses | 1 | $32.2M | 0.03% |
Private funds (7)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ppm America Private Equity Fund Vii Lp | Private Equity Fund | Delaware | $831M | 10 |
| Ppm America Private Equity Fund Viii A Lp | Private Equity Fund | Delaware | $589M | 2 |
| Ppm America Private Equity Fund Vi Lp | Private Equity Fund | Delaware | $213M | 10 |
| Ppm America Private Equity Fund Viii Lp | Private Equity Fund | Delaware | $151M | 9 |
| Ppm America Private Equity Fund Iv Lp | Private Equity Fund | Delaware | $101M | 9 |
| Ppm America Private Equity Fund Iii Lp | Private Equity Fund | Delaware | $55.5M | 9 |
| Ppm America Private Equity Fund V Lp | Private Equity Fund | Delaware | $29.7M | 9 |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Barrus, Thomas, Richard | Senior Vice President, Chief Compliance Officer | Aug 2014 (12y) | Less than 5% | |
| Reed, Alison, Russ | Director | Jul 2016 (10y) | Less than 5% | |
| Capasso, Mary, T | Executive Vice President, Chief Operating Officer, General Counsel, Director | Jan 2021 (6y) | Less than 5% | |
| Jordan, Oliver | Executive Vice President, Chief Financial Officer | Jan 2021 (6y) | Less than 5% | |
| Smith, Craig, Donald | Chairman Of The Board, President, Chief Executive Officer, Chief Investment Officer, Director | Jan 2021 (6y) | Less than 5% | |
| Raub, Christopher, Allen | Director | Nov 2023 (3y) | Less than 5% | |
| Rapier, Dana, Scamarcia | Director | Nov 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Ppm Holdings, Inc. | Sole Shareholder Of Applicant | Feb 1996 | A | 75% or more |
| Jackson Holdings Llc | Sole Shareholder | Mar 2006 | B | ≈ 56.25% – 100% via Ppm Holdings, Inc. |
| Jackson Financial Inc. | Sole Shareholder | Dec 2015 | B | ≈ 42.19% – 100% via Jackson Holdings Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Jackson Holdings Llc: 75% – 100% of Ppm Holdings, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Jackson Financial Inc.: 75% – 100% of Jackson Holdings Llc × 75% – 100% of Ppm Holdings, Inc. × 75% – 100% direct ≈ 42.19% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (7, $2.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ppm America Private Equity Fund Vii Lp | Private Equity Fund | $831M | $855K | 10 |
| Ppm America Private Equity Fund Viii A Lp | Private Equity Fund | $589M | $225M | 2 |
| Ppm America Private Equity Fund Vi Lp | Private Equity Fund | $213M | $315K | 10 |
| Ppm America Private Equity Fund Viii Lp | Private Equity Fund | $151M | $580K | 9 |
| Ppm America Private Equity Fund Iv Lp | Private Equity Fund | $101M | $262K | 9 |
| Ppm America Private Equity Fund Iii Lp | Private Equity Fund | $55.5M | $543K | 9 |
| Ppm America Private Equity Fund V Lp | Private Equity Fund | $29.7M | $262K | 9 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/29/2026 | 4.14 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • ORIGINATION FEES FOR COMMERIAL MORTGAGE LENDING ACTIVITIES
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- BNY Mellon $53.2B (57% of AUM) May 2026
- Hsbc Bank Usa, N.A. $21.3B (20% of AUM) Oct 2021
- State Street $14.2B (15% of AUM) May 2026
- Citibank $10.6B (11% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 29, 2026.
View current Form ADV (SEC/IAPD) ↗